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Used in the context of general equities. Customer buyer or seller, versus a principal or profile interest. Legitimate, real.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Describing a security or trade in which a prospective buyer or seller actually intends to buy or sell, as opposed to an indication of interest where the inquirer has other intentions.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved